Digital Currency / Investing
Add as a preferred source on GoogleThe transaction record does not establish a sale or identify a fund, if any, that initiated the transfer.
Lookonchain reported that 72,212 Ether (ETH) moved to Coinbase Prime from addresses it associates with BlackRock on Nov. 10, valuing the transfer at $151.4 million.
Coinbase describes Prime as a platform for institutional custody and trading. The transaction record does not show whether the Ether was sold or identify a fund, if any, that initiated the transfer.
EconoTimes has previously covered another Ether transfer from BlackRock-associated addresses to Coinbase Prime.
A Tuesday, Nov. 10, transfer included 2,252 Bitcoin (BTC) and 72,210 Ether (ETH), compared with a $702.25 million movement on Nov. 3.
The daily withdrawal was about 99% smaller than the previous session’s $184.51 million outflow. Combined net assets stood at $11.64 billion.
Binance, Bybit and OKX had $357.8 million in liquidations combined; overall crypto trading volume was $78.68 billion.
